Hello, nice number-crunching,
take your numbers without control. If you want to buy MMN today you have to pay around $0,20 with high production cost per oz of silver like you told:
$2,516,000 / 111,000 ozs = $22.67 / oz Ag.
You can wait to buy MMN's production cost will be around $4.66/ozAg and shareprice will be higher in future.
MacMins forecast:
180,000ozsAg/month x3 = 540,000ozs
$2,516,000 /540,000ozs = $4.66.
Okay you will tell me, that your numbers are facts and my numbers are only projection into future.
Okay tell you bought in last weeks because MMN is weak in present and shareprice down, and in some month your numbers will be gone, perhaps your numbers be not longer facts today, nobody knows.
In future want to sell MacMin producing 180,000ozs/month, production cost will be less and Silver will be higher.
With other words I buy in present, because I think future will be better.
cheers
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